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651 E 17TH AVENUE, Vancouver

$2,499,000

This 5,979.6 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.

Discover the immense potential of this detached home in one of Vancouver’s most vibrant, family-friendly neighborhoods. Situated on a generous 49.5' x 120.8' lot, this property offers a rare footprint for the area, perfect for long-term holding, renovation, or future redevelopment. The main level features a bright 3-bedroom, 2-bathroom layout, while the lower level serves as a functional 3-bedroom, 1-bathroom mortgage helper. Enjoy ultimate urban convenience with Fraser Street’s trendy boutiques, eclectic dining, and green spaces just a short stroll from your front door. Whether you're looking for a multi-generational home or a high-yield investment, the possibilities here are endless.

How this price compares

This lot asks $418 per square foot of lot. That is 7% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 314 of 758 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.

Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.

Lot and property details

Price
$2,499,000
Lot size
5,979.6 sqft
Lot dimensions
49.5 x 120.80
Frontage
49.5 ft
Bedrooms
6
Bathrooms
3
Year built
1970
Zoning
R1-1
MLS® area
Fraser VE
MLS® number
R3083911

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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.